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    Home»Kashmir»30,000 people could avail interest-free loans worth 1 billion rupees: PM AJK
    Kashmir

    30,000 people could avail interest-free loans worth 1 billion rupees: PM AJK

    July 25, 2022No Comments2 Mins Read
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    Islamabad,  (Parliament Times) : Prime Minister Azad Jammu and Kashmir Sardar Tanveer Ilyas Khan has said that the PTI government would consider all available options to make people economically self-sufficient by activating different sectors on modern lines.

    In a statement issued here on Monday the PM said, “Production sector was the center of focus in the budget and the basic aim was to raise production so that the state revenue increases and our demands/needs are met at local level”. He said that it was for the first time in the history of Azad Kashmir that agricultural and livestock graduates were being provided assistance in obtaining loans from banks for model farming. The markup of these loans, he said, would be borne by the Azad Kashmir government.

    Similarly, he said, 30,000 people with low-income would be provided interest-free loans worth 1 billion rupees. These initiatives, he said, would be instrumental in reducing poverty and unemployment in the region. He said that the farmers will be given a subsidy of more than seven crore two lakhs. The subsidy, he said, would enable farmers to buy the highest milk producing cows and cattle breeds.He said that free vaccine facilities will be provided in all central district and educational level veterinary hospitals established by the Department of Livestock and Veterinary Development. He said that the government was planning to start poultry production program for widows and disabled people. The Prime Minister said that funds of Rs.1 billion 10 crores have been allocated for the Electricity Department.“

    During the next financial year, 1141 HT Poles, 3881 LT Poles will be installed and 26 thousand 500 new connections will be provided to the remaining population of 1 lakh 26 thousand of Azad Kashmir”, the PM said.The Prime Minister said that five hundred acres of uncultivated land will be made cultivable in the agricultural sector.

    He said that Wildlife Breeding Centers/Zoos at Saran Pir Chinasi, Banjosa and Mangala and Patika Wildlife Park would be redeveloped on modern lines.He said that the PTI government would do all that was in the best interests of the people and the state. He said that Technical Education was being promoted to eliminate unemployment. “IT centers and vocational training centers will be established in all districts”, he added.

     

     

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